Co-working is an unavoidable buzzword in Denver. In the few short years dedicated co-working space has had a presence in the city, the definition has evolved from a strictly communal environment to one that often embraces private offices as well as community areas. The long-term effects of what this new office environment means to the…

In light of recent terrorist attacks and active shooter incidents in Paris, California and Colorado Springs, the role property managers play in protecting their tenants as well as their building assets is more important than ever. “Security is really front of mind for all of our property manager customers right now,” said Steve Claton, president…

If you’ve grown weary of the ever-expanding use and interpretation of the word “sustainability,” you may want to add the term “resiliency” to your lexicon. Equally broad and important in its intent; resilient design looks beyond energy modeling (and point-chasing) in favor of what the Resilient Design Institute defines as “the intentional design of buildings, landscapes, communities, and regions in response to vulnerabilities to disaster and disruption of normal life.” Rather than react, resilient des

To many people, managing two Class A office properties with over 550,000 square feet in the Denver Tech Center would be a daunting responsibility. Managing a family of four children, ranging from five-year-old twins to a freshman in college, is another full-time, overwhelming job. On top of that, throw in a revolving door of foster puppies and board member responsibilities for a corporate office association, and you’ve got a day in the life of Michelle Nienkerk.

Many property managers are discovering that closing up an open-office floor plan after a tenant vacates the property can be challenging, especially if the original build-out was for a more traditional company. Open-plan characteristics can vary widely, but most consist of 12-foot ceilings (or higher); exposed ductwork; perimeter windows, if available; very low or no walls; and concrete slab or other hard-surface flooring. Throw in sprinkler realignment, suspended lighting, and a general aesthetic cleanup of excess wiring, old paint, dust and dirt, and the open plan bears virtually no resemblance to the

Since the Great Recession ended, construction costs in Colorado have skyrocketed. The way property managers budget tenant improvement projects and building updates must be adjusted to take the rising costs into consideration. “In 2014, the costs of construction caught up with this rapid increase in demand, and we saw costs increase somewhere between 15 and 20

The Union Station wing office buildings – often referred to as One Union Station and the IMA Building – exemplify many of the trends the Denver office property market is witnessing. A large part of both buildings’ success – each sold for over $600 per square foot to GLL Real Estate Partners, a German-based international asset…